Project Description

Fair Lending – What are the Basics? What You Need to Know, Now.

The Department of Justice (DOJ) civil rights division has been all too clear that a crackdown is coming. They have repeatedly talked about a focus on new areas of lending and warned of enforcing new penalties, including wide-ranging community restitution on institutions that fail to comply with fair lending statutes.

The Department of Justice has also created a new enforcement unit. This unit within the DOJ’s civil rights division is staffed with economists, attorneys and executive-level counsel for fair lending in the assistant attorney general’s office. It is sure to keep this issue on the front burner.



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